The end of mortgage interest relief

From this April onwards, landlords will no longer be able to claim full tax relief on finance costs for their property. That's because the last in a series of planned changes to finance cost relief - also known as mortgage interest relief - is due to take place....

UK-US trade deal may boost economy by 0.16%

A post-Brexit trade deal with the US could boost the UK economy by up to 0.16%, according to government estimates. The Department for International Trade published a 180-page report to outline the UK's stance ahead of trade talks with the US. A free-trade agreement...

IFS: ‘Pensions should be liable for inheritance tax’

The Government should end "the ludicrously generous tax treatment of inherited pension pots", according to the Institute for Fiscal Studies (IFS). Ahead of the Spring Budget on 11 March 2020, the IFS floated this as one of several options to consider instead of...

Campaigners voice concerns over IR35 changes

Private-sector contractors and freelancers will not be fined for inaccuracies relating to the off-payroll working rules in 2020/21. HMRC published a report into the changes, which kick in from April, and promised a light-touch approach to any errors in the first year....

IR35 set for ‘soft landing’ in private sector

Extending the off-payroll working rules to the private sector in April look set to go ahead, after the Chancellor hinted at a soft-landing period. Chancellor Rishi Sunak reportedly told a conference last weekend that HMRC would not be "at all heavy handed in the first...